Race to sell homes falls £500m short
Race to sell homes falls £500m short
- 1993
- Daily Telegraph 3 January 1994, 18 Building 259(7827) 7 January 1993, 8(1) .
The concession ending on 31 December which allowed local authorities to spend all revenue raised from the sale of municipal assets has failed by £500m to reach the level targeted by Treasury. Criticism expressed for not extending the concession into 1994.
CAPITAL RECEIPTS
HOUSING STOCK
LOCAL AUTHORITIES
REPAIRS
SALE OF ASSETS
The concession ending on 31 December which allowed local authorities to spend all revenue raised from the sale of municipal assets has failed by £500m to reach the level targeted by Treasury. Criticism expressed for not extending the concession into 1994.
CAPITAL RECEIPTS
HOUSING STOCK
LOCAL AUTHORITIES
REPAIRS
SALE OF ASSETS